Question: Suppose you purchase a zero coupon bond with face value $1,000, maturing in 25 years, for $180. If the yield to maturity on the bond
Suppose you purchase a zero coupon bond with face value $1,000, maturing in 25 years, for $180. If the yield to maturity on the bond remains unchanged, what will the price of the bond be 5 years from now?
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